Jyoti Bikash Bank (JBBL) Proposes 6.80% Dividend Worth Rs 29.02 Crores for FY 2078/79

Sun, Jan 8, 2023 9:19 AM on Dividend, Bonus & Rights, Latest,

Jyoti Bikash Bank Limited (JBBL) has proposed a 6.80% dividend worth Rs. 29.02 crores for the fiscal year 2078/79.

The 440th meeting of the board of directors held on Poush 22 decided to distribute the dividend on the paid-up capital of Rs. 4,26,77,53,287. 3% bonus shares worth Rs. 12.80 crores and 3.80% cash dividend (for tax purposes) worth slightly over Rs. 16.21 crores have been proposed.

The dividend will be distributed only after approval by the central bank and endorsement by the company's upcoming AGM.

As of writing, JBBL has an LTP of Rs 316.

Dividend History: